5 Money-Saving Tips for Your Family Vacation

Enjoy your next family vacation without busting your budget

For many families, it may seem impossible to take a vacation, given mortgages, responsibilities, and logistics. But you can travel affordably with your loved ones if you take the time to do a little research and plan. Here are five tips to help you enjoy a family adventure this summer on a budget.

Fly on a Budget Airline

You can save big money on flights by booking with a budget airline, like Spirit or WOW Air, if you’re willing to sacrifice some amenities and comfort. When booking a budget flight, timing is important. Budget airline prices will increase as the departure date gets closer. The best price is typically found three months before the flight. To monitor prices, set up an alert on a site that works to let you know when deals occur.

Travel During the Off-Season

Don't be afraid to travel during the off season

If your family schedule is flexible you can save money by traveling during the off-season. The off-season varies by destination, but typically the summer months and holidays tend to attract the most tourists, so avoid traveling then. Consider taking a vacation at the beginning of the year. The fall months are also good times to avoid crowds and high costs. 

Book a Bed and Breakfast

Hotel rooms can be expensive, especially if your whole family is traveling. Try exploring other options like rentals to help you save money on lodging costs. Renting out a house or condo will cost you significantly less than a hotel and often includes multiple rooms, a kitchen, backyard, and other amenities you’ll appreciate on a family trip. 

Stay With Family or Friends

If you are looking to travel to a place where you know friends or family members, give them a call and ask if you can stay with them. Sure, there’s a risk they could say, “No,” but if they say “yes,” you’ll be able to cut out a significant portion of your travel expenses. 

Take Shorter, Closer Trips

Traveling for a shorter duration will cost a lot less than a long vacation. Trimming the time will still allow you and your family to recharge and have fun, but you may need to have a more structured itinerary if you want to get the most out of the trip. By planning shorter trips that are closer to home, you can also save on transportation. Instead of flying you can drive, which will save you hundreds of dollars.

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